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Zoho plans $700 million foray into chip manufacturing; compound semiconductors

Semiconductors occupy a pivotal position in India's economic agenda, with the government implementing a $10 billion package to fortify the industry's capabilities, positioning the nation to rival established players like Taiwan in the coming years.Read more

Indian aerospace manufacturers seek global orders; ask GOI for policy push

The surge in orders has prompted global aerospace suppliers to ramp up sourcing from India. Airbus, in particular, is strengthening ties with Indian partners for various functions such as IT, engineering, and production. Read more

Demand for warehouse automation boosts amid 'Make in India' push

Economic growth boosts demand for logistics in India, with 13.5 million sq ft leased in Jan-Mar 2024. Tier-I cities saw a 25% increase, Tier II and III cities 20%. Read more

Siemens Limited declares 19% increase in revenue; 74% higher PAT in Q2 FY24

Revenue of Rs 52.48 billion was seen as a 19% increase over the same quarter in the preceding year.Read more

India's defence sector holds prospect of $138 billion from FY24-32

This growth is owing to escalating defence budgets, modernisation initiatives, and the government's emphasis on indigenous manufacturing through programs like ‘Make in India’.Read more

Tata Motors celebrates 9,00,000th vehicle rollout from Lucknow facility

The state-of-the-art manufacturing facility is a significant hub for production of commercial vehicles, including green mobility solutions.Read more

Honeywell announces sustainable solutions for methane reduction

In 2021, approximately 60 percent of Honeywell’s new product introduction research and development investment was directed toward products that improve environmental and social outcomes for customers.Read more

UNNATI 2024: Putting North East on a growth path

By incentivising new industrial units and those undergoing substantial expansion, Uttar Poorva Transformative Industrialization Scheme (UNNATI), 2024 paves the way for an economy built on performance and innovation. Aishwarya Jaju and Neha Satte shed more light on the scheme.Read more

IPF turns smart with SME

In 1972-73, the India's economy grew by about 2 per cent compared to previous year with industrial sector registering a growth of only 4.5 per cent while agriculture production declining by 1.7 per centRead more

Valeo unveils new Daegu plant for Advanced Driver Assistance Systems

The Valeo Daegu plant will start producing parking assistant sensors before becoming a core production facility in Asia for autonomous driving sensorsRead more

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